Day: July 30, 2010

A Note from Glenn Beckistan

Jon Ponder

Beck misspells "oligarch" in a live demonstrationHere’s a note from a Beckerhead who happened upon our story mocking Glenn Beck for misspelling the word “oligarch” in one of his blackboard rants about liberals or whatever. If it’s for real, the note is sad, really, and posting it is mean — but what the heck. Here it is, unedited by me and obviously not proofread by the author:

I know that this post is a little behind to be commeing on. I tried to read all of it to get a clear view on why the harsh, non-sensical views pointed at Glenn Beck by blogger and the “in the tank” media. I couldn’t stomach it. Only because I am looking to show of GB’s achillies heal (Gosh~ I hope I spelled it right).

I thought how mundane to only find a spelling error. I right way better since I took a year of English Composition. I used to right like my daughters text messages do today. I still spell things wrong. It is lunacy to go after this nonsensical detail. Then a few sentances later you slight his viewers with a dig at thier collective intelligence. WOW! trully intelligent of you that was. YOu can’t get the ear of people that way. You may only be preaching to the choir.

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Obama Proves Hoover, GOP, Tea Party, and FOX Wrong

Trish

DepressionApplesScore one for the Obama administration; zero for Republicans, Tea Baggers, and FOX News. A newly released study by two esteemed economists (yes, I know that’s an oxymoron) shows that Obama’s fiscal policies did indeed pull the country back from the brink of a depression brought about by Bush-Cheney mismanagement.

…the economists argue that without the Wall Street bailout, the bank stress tests, the emergency lending and asset purchases by the Federal Reserve, and the Obama administration’s fiscal stimulus program, the nation’s gross domestic product would be about 6.5 percent lower this year.

In addition, there would be about 8.5 million fewer jobs, on top of the more than 8 million already lost; and the economy would be experiencing deflation, instead of low inflation.

We all know how Hoover’s policies worked out. This study show the GOP/Tea/FOX versions would work no better.

The authors of the work, reported in the New York Times, are former Federal Reserve vice chair Alan S. Blinder and Moody’s Analytics chief economist Mark Zandi.

The study makes clear that Obama’s use of multiple strategies to bolster the economy was essential.

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